Absci surged more than 50% premarket after the drug and target discovery company said it formed a research collaboration potentially worth more than $600 million with Merck that will use Absci’s AI-powered platform.
DraftKings climbed 1.6%, building on Thursday’s 4.7% jump. The New York State Gaming Commission said Thursday that four mobile sports gambling operators—Caesars Sportsbook, FanDuel, DraftKings and Rush Street Interactive—can launch as soon as Saturday and that they have met requirements to take and process bets.
Rivian Automotive nudged up 0.3% premarket after the electric-car maker’s shares briefly dipped below their IPO price on Thursday. Its finance chief said the company plans to put growth before profit as it looks to build out the business. Starbucks was losing its buzz ahead of the bell, down 2.1%. RBC Capital cut its price target and rating for the stock.reorganizing its top ranksDuck Creek Technologies soared 11% higher premarket after the software company reported higher revenue in the recent quarter compared with a year ago.
Franklin Covey gained 7% off hours after the organizational education company reported record first-quarter sales.
GaryGensler FTDs yet again?!
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